JPMorgan Files Patent to Use Blockchain to Issue ICO Tokens47.22

Increasing regulatory oversight in the shifting landscape of cryptocurrencies has introduced a new set of security token markets enabling institutions to join the sector. On July 19, 2018, JPMorgan filed a patent to issue asset-backed tokens on a distributed ledger.

Filed in January, JPMorgan’s patent application to issue virtual receipts comprised of tokens on a distributed ledger was published this Thursday, July 19 by the U.S. Patent and Trademark Office (USPTO).

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